Government
No More Auto Insurance Rate Hikes on the Widowed in Rhode Island
A new Rhode Island law prohibits auto insurers from charging policyholders more solely because they have been widowed. The new law bans insurers from treating widows or widowers any differently than ...
FTC Issues Worker Non-Compete Ban as Chamber Lawsuit Looms
The U.S. Federal Trade Commission voted Tuesday to adopt a near-total ban on non-compete provisions that prohibit workers from switching jobs within an industry, a rule ...
IBHS: Virginia Edges Florida Out of First Place in Building Code Adoption
In a newly released ranking of hurricane-prone states, Virginia pushed Florida out of the lead to top the list in building code adoption and enforcement. The fifth edition of "Rating the States," ...
Pennsylvania Issues ‘Expectations’ for Carriers Regarding AI Use
Pennsylvania has issued guidance for insurance companies' use of artificial intelligence systems (AIS) based on a model adopted by the National Association of Insurance Commissioners (NAIC). The ...
‘AI Washing’ Troubles: SEC Fines Investment Firms, Issues Warnings
The U.S. Securities and Exchange Commission this week said it settled charges against two investment advisers related to "AI washing," or essentially making false claims about their use of artificial ...
Could U.S. Workers and Companies Benefit From a 32-Hour Workweek?
The 40-hour workweek has been standard in the U.S. for more than eight decades. Now some members of Congress want to give hourly workers an extra day off.
Ban Expected for Last Form of Asbestos Used in U.S.
The U.S. Environmental Protection Agency on Monday finalized a rule that would ban using and importing cancer-causing asbestos, a material still used in some vehicles and in some industrial ...
Triple-I: Regulatory Restrictions Contribute to Risk Crisis in California
Regulatory restrictions to actuarially sound insurance pricing and underwriting, coupled with the need for more mitigation and resilience efforts in the state of California, are placing financial ...
Florida Insurance Legislation Update: Bills That Passed; Bills That Didn’t Pass
A number of property insurance-related bills were introduced in the Florida legislature this year—from a fundamental change to the Citizens Property Insurance Corp. coverage model to further ...